Former Shell Oil President John Hofmeister said on “Cavuto Coast to Coast” that “the volatility overall is going to be worrisome, particularly as global demand continues to grow.”
Even if we didn’t import one barrel of oil, we’d still be held hostage to the tyranny of the price, which to a large extent is set by OPEC.
The Fuel Freedom adviser said the U.S. should brace itself against expected higher prices at the pump by using more resources for fuel we have at home. “Why should we have to worry about international oil when we have so much domestic energy in our own country?”
Fuel Freedom co-founder and chairman Yossie Hollander and board of directors member John Hofmeister appeared on Sean Hannity’s radio show on Wednesday, April 18, to promote domestically produced natural gas as a way to reduce our dependence on foreign oil.
Former Shell Oil President John Hofmeister said that, though it’s been weeks since Hurricane Harvey hit the Gulf Coast, “we’re not back up and running yet at full strength in the refinery system, and until that happens, I think we’re going to see upward pressure” on prices.
Former Shell president John Hofmeister, a member of Fuel Freedom’s board, said Tropical Storm Harvey poses risks to the U.S. energy supply during an appearance on Fox Business.
“Biofuels can play a significant role for reducing carbon intensity in transportation, provided the politics and/or economics don’t derail their viability. Those hurdles are significant.”
Even with aggressive promotion of battery-electric or hydrogen fuel-cell cars, hundreds of millions of internal-combustion vehicles will remain on the world’s roads for decades to come.
By 2050, there will be three billion light-duty vehicles (LDVs) on the road. Even under the most optimistic forecast, alternative vehicles will account for — at best — 50 percent of the total worldwide fleet.
America first doesn’t necessarily mean — or always mean — a focus on American oil. That’s a point we keep hearing from everyone from solar developers to ethanol producers. Here’s one more perspective.
Our Mission: Fuel Freedom Foundation is working to reduce the cost of driving your existing car or truck by opening the market to cheaper, cleaner, American-made fuel choices at the pump.